Polymers Petrochemicals Crude PET 09-07-2019 - Arhive
China – Polyethylene Terephthalate
PET and its chain are in downward trend, with PX’s exception.
Crude oil contiues to be on roller coasters.
Polyamide 6 and its chain are steady .
Acrylonitrile is weak.
PET Bottle grade export 940/980 $/ton – PET Bottle grade domestic market 7,650/7,750 yuan/ton – PET Filament grade SD domestic market 7,650/7,750 yuan/ton – PET Filament grade BR domestic market 7,700/7,800 yuan/ton
PTA Taiwan 795/805 $/ton – PTA domestic market 6,450/6,550 yuan/ton – MEG 520/530 $/ton – MEG domestic market 4,200/4,350 yuan/ton – PX Korea 825/840 $/ton Polymers
Polyester POY 150D/48F domestic market 8,450/8,550 yuan/ton – Polyester DTY 150D/48F domestic market 9,850/9,950 yuan/ton – Polyester Staple PSF domestic market 8,400/8,500 yuan/ton
XG Sciences (XGS) recently announced that it has entered into an Intellectual Property License, Joint Development and Commercialization Agreement with Niagara Bottling, a market leader in beverage packaging innovation and one of the largest beverage companies in the U.S.
The agreement provides XG Sciences with an exclusive license to Niagara’s patents and proprietary know-how related to the use of graphene nanoplatelets in PET in certain bottle applications. Under the agreement, Niagara will assist XGS with field engineering support to install products into the manufacturing lines for new customers – greatly reducing the manufacturer’s time to market.
-Circular Economy: Hot Topic at K 2019 Preserving value – saving resources!
Plastic products have become an integral part of almost every area of life.
For good reason. Plastic packaging extends the shelf life of food, plastic parts in cars reduces their weight and CO2 emissions.
In medicine, plastics ensure maximum hygiene standards and make medical products safe.
Despite its many advantages, this important raw material has come into disrepute for some time now – because of the plastic waste that pollutes entire regions and floats in huge carpets on the world’s oceans.
But this problem can be solved. As the concept of “circular economy” plays a central role in this, it has become a hot topic at K 2019, the world´s flagship fair for plastics and rubber, which will be hosted from 16 to 23 October 2019 in Düsseldorf/Germany.
Crude Oil Prices Trend
-Armenian water bottler adds new PET and glass lines
Increased demand for its bottled water compels Jermuk Group CJSC to add two new lines, one for glass and one for PET, running at 25,000 and 20,000 bottles/hr, respectively.
The PET line includes a stretch blow molder and a PET filler operating at 20,000 bottles/hr.
Jermuk offers water in PET bottles in 330- and 500-mL and 1- and 1.5-L sizes.
The PET line includes a stretch blow molder and a PET filler operating at 20,000 bottles/hr.
Two new KHS Innoket Neo labelers addressed the issues Jermuk had with the labeling equipment it initially chose. Polymers Petrochemicals Crude PET
Water is packaged in glass bottles in 330- and 500-mL sizes.
-LANXESS expands technical customer services
Specialty chemicals company LANXESS has added to its technical services for pigment customers, with its Inorganic Pigments (IPG) business unit expanding the technical centre at its biggest site in Krefeld-Uerdingen, Germany.
-Online-paintable Fuel Filler Flap Made from PBT
Customised compounds based on polybutylene terephthalate (PBT) can be an alternative to thermoplastics.
Particularly in the production of fuel filler flaps, this can be seen in the new Skoda Scala for example, whose fuel filler flap is made from Pocan B5221XF. The PBT compound was given preference over a blend of polyphenylene ether and polyamide (PPE+PA). “Our material is less expensive and exhibits comparable performance when it comes to surface quality, paintability and mechanical properties. In addition, it is suitable for electrostatic painting. Polymers Petrochemicals Crude PET
-China PP market to outperform PE in H2 despite more new capacities
China’s polypropylene (PP) market is set to be weighed by a high number of plant start-ups in the second half of this year.
The number of new PP plants starting up is 70% more than the number of PE start-ups in the latter half of 2019.
Sacks of rice at a port in Jakarta, Indonesia. PP flat yarn is used to make sacks. (Photo by Adi Weda/EPA/Shutterstock)
The price gap between China’s PP and PE markets will likely become narrower because of these new capacities, but it will be capped by the increase in PE imports.
-Avantium commercialising PEF production
CHEMICALS company Avantium is commercialising production of polyethylene furanoate (PEF), a 100% renewable and fully recyclable polymer.
PEF is a polyester based on bio-based 2,5-furandicarboxylic acid (FDCA) and monoethylene glycol (MEG). FDCA is used as a replacement for terephthalic acid, a petroleum-based monomer which is primarily used to produce polyethylene terephthalate (PET). The bioplastic PEF is suitable for bottles, fibres, and multiple film types. Polymerisation to produce PEF has been successfully initiated at pilot plant scale.
-‘3,000 tons of plastic waste is produced daily in Iran’
The use of plastic is on the rise among Iranians, as over 3,000 tons of plastic waste is generated per day in the country, the director of environment and sustainable development department of Tehran Municipality has said.
“The amount reaches 1 million tons in a year,” Fars news agency quoted Sadr-o-din Alipour as saying on Monday. Polymers Petrochemicals Crude PET
The consumption of plastics and its environmental consequences has become a global issue, hence the European Union, considering growing plastic pollution, has proposed a ban on the use of disposable plastics by 2025, he explained.
-Is glass the answer to increased opposition to plastic?
Glassman Europe in Lyon this September aims to help manufacturers debate how the glass industry can increase the reduced reliance on single-use plastic.
Glass is unique in its ability to be 100% recyclable. As the war on plastic wages on, Glassman Europe will address how the glass industry can innovate and overcome barriers to switching to container glass as an alternative to the thousands of tons of plastic created every day.
-What’s new in PHA bioplastics: An update with Cambridge Associates
Nearly all articles found at PlasticsToday center on a fresh news of some sort, whether it’s business, technology or something else.
This time, a story lead was generated by an atypical source: our readership, who collectively continued showing high interest on a monthly basis for one particular feature from April 2018, PHA bioplastics a ‘tunable’ solution for convenience food packaging.
-Clariant Masterbatches initiative aims to make plastics packaging more sustainable
Clariant’s Packaging Market Segment within the Masterbatches Business Unit is working to help brand owners and packaging producers realise their objectives for creating packaging that is more environmentally friendly.
Clariant will offer solutions in four areas at K show, including developing packaging that is designed to be highly recyclable, making plastics packaging that can be re-used easily, supporting use of bio-based polymers and increasing acceptance of compostable packaging Polymers Petrochemicals Crude PET
-Surging Demand for Bioplastics Accelerating Bio-Based PET Market Progress
The increasing use of bio-based polyethylene terephthalate (PET) in different industries, such as automotive and packaging, and the environmental degradation caused by synthetic variants are some of the key factors driving the growth of the bio-based PET market. In 2017, the market generated a revenue of $3,917.4 million, and it is expected to progress at a 14.7% CAGR during the forecast period (2018–2023). Bio-based PET refers to a fully biodegradable, recyclable, renewable, and compostable material, which is 70.0% fossil-derived terephthalic acid (TPA) and 30.0% plant-derived ethanol glycol.
-RIL ties up with Turkish co to make eco-friendly fabrics
Kıvanç will distribute Recron GreenGold fibres across Turkey
Reliance Industries, the world’s largest integrated polyester producer, has joined hands with Turkey’s textile behemoth, Kıvanç Tekstil, to manufacture sustainable fabric R|Elan GreenGold to leading global apparel brands and consumers. Polymers Petrochemicals Crude PET
–RadiciGroup gives itself to soccer – Avellino Calcio, Radici Group is serious ( Italian Language Only)
In the late afternoon the proposal for the official purchase of the Lombard group. All the details
The news was in the air, now comes the confirmation. The Radici Group should send a Pec to Avellino Calcio in the evening: an offer to take over the green-and-white club.
The lawyer Capograssi was in charge of the practice, and together with his collaborators he would have drafted an offer that would range between 1 million and 1.2 million.
A price also conditioned by the ownership of the logo and the company name, entrusted until December 31 in the hands of De Cesare, with the Association for History to act as guarantor. T
he group near Percassi Atalanta is active in the production of chemicals,textiles,etc. with sites located in Europe, North and South America, Asia. It could be a guarantee of solidity for green-and-white fans. And there is need.
